Should I buy BYD stock in 2025?

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At HelloSafe, our expert has been monitoring BYD's performance for over three years. Every month, tens of thousands of users in Singapore rely on us to interpret market trends and highlight the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In accordance with our ethical charter, we have never been, and will never be, paid by BYD.

What is BYD?

How much is BYD stock?

The price of BYD stock is rising this week. As of today, BYD shares are trading at ¥363.22, with a positive 24-hour move of +1.10%, though the weekly change shows a slight dip of -2.87%. BYD’s total market capitalization stands at an impressive ¥1.09 trillion, and the stock’s average 3-month daily trading volume is 17 million shares.

The current Price-to-Earnings (P/E) ratio is 23.64, with a dividend yield of 1.09% and a stock beta of 0.37, signalling relatively low volatility compared to the overall market. Investors in Singapore should note that BYD’s stability and expanding global presence may present attractive opportunities despite occasional short-term fluctuations.

Our full analysis on BYD stock

We have thoroughly reviewed BYD Company Limited’s most recent quarterly financial results, alongside its dynamic stock performance over the past three years. Leveraging proprietary algorithms that synthesize a comprehensive array of financial, technical, and market data—including peer benchmarking—we believe BYD’s current valuation merits a closer examination. So, why might BYD stock emerge as a strategic entry point into the global electric vehicle and clean energy sector in 2025?

Recent Performance and Market Context

After a notable surge of over 40% in the past six months and an impressive 75% rally year-on-year (OTC US), BYD’s market momentum stands out in a challenging global macroeconomic environment. The Shenzhen-listed shares are currently trading at ¥363.22, close to the upper end of their 52-week range (¥206.58 - ¥403.40), while Hong Kong shares trade at HK$387.00. Despite a modest weekly pullback (-2.87% in Shenzhen), medium- and long-term returns strongly outperform sector averages, reflecting resilient investor confidence.

Several key recent developments have reinforced this positive trajectory. Q1 2025 results shattered market expectations with revenue up 36.35% and net income doubling year-on-year—delivering RMB 9.16 billion in profits and a remarkable 98.73% spike in earnings per share. Product launches, like the competitively priced Sealion 07 DM-i hybrid, and expansion into new markets (notably Cambodia and Africa) ensure a robust new phase of scalable growth. Furthermore, BYD’s ambitious overseas targets, aiming for 5.5 million vehicle sales in 2025 (up from 4.27 million in 2024), underscore the company’s far-reaching vision.

Macroeconomically, the backdrop for NEVs (New Energy Vehicles) remains highly supportive. Rising regulatory pressure for green mobility, growing EV adoption across Southeast Asia, and powerful consumption trends in emerging markets all position BYD at the heart of a structural paradigm shift. For Singaporean investors, BYD’s expansion across ASEAN aligns perfectly with regional decarbonization strategies, supporting a bullish outlook.

Technical Analysis

From a technical standpoint, BYD exhibits classic signals of a stock on the cusp of a sustained bullish phase. With the share price trading decisively above all major moving averages (20, 50, 100, and 200-day), the uptrend is both well-established and broadly confirmed. The 14-day RSI sits at 57.44—comfortably in “buy” territory, indicating neither overextension nor exhaustion of momentum. The MACD (0.43) further corroborates this, providing a clear upside bias.

Key technical support sits at ¥359.30, with immediate resistance at ¥366.00 (Shenzhen)—levels that reinforce a favorable risk/reward setup. Recent technical analysis classifies BYD as a “Strong Buy,” supported by algorithmic consensus and high trading conviction. While a STOCHRSI of 95.386 hints at overbought conditions and possible short-term pullbacks, such corrections typically serve as healthy consolidations in a rising market. Overall, the technical structure is inviting for both short- and medium-term accumulation.

Fundamental Analysis

BYD’s fundamentals reveal a compelling story of growth, profitability, and value—all key ingredients for sustained shareholder returns. Revenue growth continues to outpace the sector: Q1 2025 revenue hit RMB 170.36 billion, up 36.35%. Net income soared 100.38% year-on-year, with earnings per share nearly doubling. Notably, R&D spending reached RMB 14.22 billion this quarter (up 34.04%), positioning BYD at the forefront of innovation—especially in battery technology and vehicle electrification.

Valuation remains attractive relative to growth prospects. With a P/E ratio of 23.64 and a forward P/E of around 20 (across HK, SZ, and US listings), BYD offers a significant discount to Western EV leaders trading at far loftier multiples. The price-to-sales ratio (1.28 - 1.33) and price-to-book ratio (approx. 4.7) reinforce a sense of justified—if not compelling—valuation for a market leader with rapid earnings and sales expansion. A dividend yield of just over 1% adds further appeal, particularly given BYD’s consistent track record of shareholder returns.

The company’s structural strengths are hard to overstate:

• Innovation: World-leading Blade Battery tech and proprietary DM-i hybrid system
• Market Share: China’s clear NEV leader; #2 globally for EV batteries (16.7% global share in Q1 2025)
• Brand Power: Rapid international acceptance, 417,000 overseas units sold in 2024 (up 72% y/y)
• Vertical Integration: Full control from battery to final assembly, enhancing both cost discipline and supply-chain resilience

With industry-defining R&D investments (RMB 54.2 billion in 2024) and relentless execution, BYD appears set to sustain profitable, innovation-led expansion for years to come.

Volume and Liquidity

BYD’s consistent trading volumes paint a picture of deep investor engagement and confidence. On Shenzhen, the average 3-month daily trading volume stands at 17 million shares—a robust figure aligning with blue-chip status in Asian equity markets. Even the OTC US listing boasts nearly 200,000 shares traded daily, reflecting international attention.

This high degree of liquidity ensures efficient price discovery and dynamic valuation potential. The healthy free float, combined with strong institutional investor participation, bodes well for the long-term attractiveness and flexibility of BYD shares—qualities especially valued by Singapore-based and international investors alike.

Catalysts and Positive Outlook

Looking ahead, several high-impact catalysts signal continued upside for BYD:

• Global Expansion: Aggressive push into Southeast Asia, Latin America, and Africa, aiming for 50% of sales from international markets by 2030
• Product Innovation: Launches such as the Sealion 07 DM-i and continued rolling out of BEV/PHEV models across price ranges
• Strategic Partnerships: Significant new manufacturing capacity (e.g., Cambodia plant) increases operational leverage globally
• Vertical Integration Advances: Withdrawal from lithium mining (as prices fall) shows nimble capital allocation, while core battery dominance is maintained
• ESG Leadership: BYD’s low-carbon footprint and clean energy solutions resonate with sovereign and institutional mandates for sustainable investment

Sectoral and macroeconomic forces further enhance the bullish landscape. Growing regulatory support, maturing consumer acceptance in key Asian markets, and global momentum behind electrification all create an environment in which BYD’s strategic advantages are poised to compound.

Consensus among analysts is markedly bullish, with a mean target of $85.28 (USD, OTC US)—implying a striking 71% upside from current levels. Further, with 31 analysts rating BYD a “Strong Buy” or “Buy,” sentiment has rarely been so aligned with fundamentals.

Investment Strategies

Given this robust backdrop, BYD offers an unusually attractive setup for a range of investor timeframes:

• Short-term: The current technical positioning, with support at ¥359 and firm resistance at ¥366, enables tactical entry points—potentially even more attractive on minor pullbacks amid temporary overbought signals.
• Medium-term: Anticipation of continued revenue and earnings acceleration, coupled with expected catalysts (e.g., upcoming overseas sales milestones, further regional expansion), supports a positive stance for 6–12 month horizons.
• Long-term: BYD’s unparalleled combination of global scale, proven innovation, and cost leadership clarifies its path toward sustained market share gains. The commitment to international expansion—and steadily improving margins—suggests material compounding for the patient investor.
• Ideal Positioning: Current levels appear to represent an inflection point, blending strong technical momentum with clear fundamental and strategic tailwinds—a scenario in which the stock may be entering a new bullish phase.

Is it the Right Time to Buy BYD?

To summarise, BYD stands out for its:

• Exceptional revenue and net income growth, well above industry norms
• Breakthrough global expansion strategy, especially across ASEAN and emerging markets
• Industry-leading R&D and innovation pipeline (Blade Battery, DM-i system, diversified vehicle portfolio)
• Robust technical indicators and sustained, high liquidity supporting confidence in both short- and long-term perspectives
• Attractive valuation multiples versus major global peers, with further upside potential supported by analyst consensus and ongoing market trends

These converging factors strongly suggest that renewed interest in BYD stock is justified, with its fundamentals and technical context reinforcing the notion that BYD may be entering a fresh bullish cycle. For Singaporean investors seeking not only access to global EV growth but also exposure to a company with a truly international future, BYD seems to represent an excellent opportunity at this juncture.

In a sector transforming at breakneck speed, BYD stands uniquely positioned—risk-aware, innovation-led, and globally diversified—to turn today’s potential into tomorrow’s leadership. For discerning investors, now may be a particularly compelling moment to consider BYD as a cornerstone in an electrified portfolio.

How to buy BYD stock in Singapore?

Buying BYD stock online has never been more accessible or secure for retail investors in Singapore. By using a regulated broker, you can invest in this leading electric vehicle company with confidence, benefiting from robust investor protections. Two main methods let you participate in BYD’s potential: you can opt for direct “spot” (cash) share purchases, or trade using Contracts for Difference (CFDs) for leveraged exposure. Each method offers unique advantages in terms of fees, flexibility, and risk. For help choosing a provider, we offer a thorough broker comparison further down this page.

Spot Buying

Spot buying means purchasing BYD shares outright for cash. With this approach, you directly own physical shares, entitling you to dividends and voting rights. Singapore brokers typically charge a fixed commission per order—this can range from about S$2.50 to S$12, with S$5 being a realistic average for retail trades.

Example

Suppose BYD is trading at HK$387.00 per share in Hong Kong, and the SGD/HKD exchange rate is approximately 1 SGD = 5.8 HKD. A S$1,000 investment (≈HK$5,800) could buy about 14 shares (HK$5,800 ÷ HK$387 ≈ 14.98, minus rounding and a brokerage fee of around S$5).
✔️ Gain scenario:
If BYD's share price rises by 10%, your stake is now worth S$1,100.
Result: +S$100 gross gain, or +10% on your original investment.

Trading via CFD

CFDs (Contracts for Difference) allow you to speculate on BYD’s price movements without owning the underlying shares. You can go long (buy) or short (sell), and apply leverage—meaning a smaller upfront deposit lets you control a larger exposure. Fees consist of the spread (the broker’s margin on buy/sell prices), and overnight financing charges if you hold leveraged positions for more than a day.

Example

With S$1,000 and 5x leverage, you gain market exposure equivalent to S$5,000 in BYD shares.
✔️ Gain scenario:
If BYD’s share price rises 8%, your CFD position will generate profit of 8% × 5 = 40%.
Result: +S$400 gain on a S$1,000 investment (excluding spreads and financing fees).

Final Advice

Before investing, always compare brokers’ fees, trading platforms, market access, and support services. Whether you choose spot buying for direct ownership and dividends, or CFDs for flexible, leveraged trading, depends on your investment goals and risk tolerance. To help you decide, a detailed broker comparison is available further down this page. Choose the method that aligns best with your strategy and start building your position in BYD with confidence.

Our 7 tips for buying BYD stock

The latest news about BYD

BYD accelerates Southeast Asia expansion, deepening engagement with Singapore’s EV market. Over the past week, BYD has intensified its focus on Southeast Asia, with a distinct emphasis on Singapore as a pivotal regional hub for its electric vehicle (EV) strategy. Official statements confirm that Singapore continues to see strong demand for BYD’s latest models—including the Atto 3, Seal, and Dolphin—as the country accelerates its transition toward electric mobility. Data from the Land Transport Authority (LTA) illustrates that BYD consistently ranks among the top-registered EV brands in Singapore year-to-date. The company’s local distributor, Vantage Automotive, reported that new BYD deliveries are proceeding on schedule, and the brand remains a critical partner in government-backed efforts to electrify Singapore’s fleet by the 2040 target. Industry feedback from recent auto shows held in Singapore also notes growing interest from both private consumers and commercial fleet operators, underlining BYD’s resonance in this focused market.

Q1 2025 financial results signal robust growth momentum, supporting global and regional ambitions. BYD’s Q1 2025 results, released on April 25, detail a revenue surge of 36.35% to RMB 170.36 billion and a doubling of net income to RMB 9.16 billion year-on-year. The company’s earnings per share (EPS) rose nearly 100%, and R&D investments continued their upward trend, which bodes well for innovation and localization of products suited to Southeast Asian climates and consumer needs—including Singapore’s. This strong financial profile provides a solid foundation for ongoing regional commitments, and Singapore’s role as a launchpad for further ASEAN activities is likely to gain even more prominence as BYD leverages capital and technology flow across borders.

Technical indicators flash 'strong buy' with price strength and market consensus aligning. BYD’s Hong Kong-listed shares have sustained their uptrend, currently trading above all major moving averages according to the latest data, with a 14-day RSI signaling ongoing buyer enthusiasm (57.44, a ‘buy’ zone). The MACD is similarly bullish, and market analysts maintain a consensus rating of ‘strong buy’ on the stock. Despite a slight weekly retreat (-2.87% in Shenzhen), both regional and global investors remain optimistic about future appreciation, with a consensus target price implying over 70% potential upside. Market sentiment in Singapore is particularly constructive, reinforced by the Government's consistent messaging about EV adoption and green financing incentives, creating favorable conditions for BYD’s continued local market share gains.

BYD’s product innovation and vertical integration differentiate it for Singapore’s demanding urban environment. Recent expert commentary highlights BYD’s innovative Blade Battery technology and proprietary DM-i hybrid platform as standout features attracting Singaporean buyers, who prioritize efficiency, safety, and durability given the city-state’s compact geography. Advanced safety ratings, battery warranty terms, and aftersales support have resonated especially well with Singapore’s regulatory authorities and discerning consumers. Vertical integration—from battery cell manufacturing to complete vehicle assembly—provides a cost and supply chain resilience advantage that resonates strongly with fleet buyers and Mobility-as-a-Service operators in Singapore, reducing concerns about parts availability and maintenance lead times.

Singapore regulatory stability and green initiatives reinforce BYD’s long-term prospects in the local market. Recent updates from Singapore’s Land Transport Authority and the Sustainable Singapore Blueprint reaffirm clear policy direction: generous EV incentives remain in place, and commercial fleets are under increasing pressure to transition by 2040. BYD’s established dealership and service network ensures compliance with local standards, and ongoing collaboration with mobility service providers (e.g., Grab, ComfortDelGro) maintains BYD’s relevance in fleet electrification projects. These regulatory and ecosystem factors not only support immediate sales but create durable demand tailwinds, enhancing BYD’s attractiveness for investors tracking Southeast Asia–linked EV growth.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.